Month: March 2025

Diamond Drilling Intercepts 15 Metres Grading 3.02 g/t Gold-Equivalent on the Loma Verde Vein on the Coneto Gold-Silver Project in Durango, Mexico

John Eren, President and CEO states, “The Loma Verde vein was intercepted in every hole in this phase of the program, thus confirming the strong continuity over 1.2 kms strike length. There is also further depth potential with the down-dip of the mineralized shoots. This is a true gold-silver project, as each precious metal accounts for roughly half the contained value.”

Minera Alamos Copperstone PEA

Minera Alamos Inc. is pleased to announce the reissuance of the Preliminary Economic Assessment on the 100% owned Copperstone Mine in Arizona, USA. The study demonstrates potentially robust post-tax economics which, due to pre-existing infrastructure on surface and underground, result in both low initial capital and an overall low capital intensity ratio on a per gold ounce basis.

Kootenay Announces the Commencement of OTCQX Trading

James McDonald, President & CEO of Kootenay commented: “We are delighted to announce Kootenay’s graduation from the Pink Market to the OTCQX Market. This will allow greater access and visibility for the Company as we advance our Columba high-grade silver discovery located in the Chihuahua State, Mexico.”

Fortuna reports updated Mineral Reserves and Mineral Resources

Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) provides its updated Mineral Reserve and Mineral Resource estimates as of December 31, 2024, for its four operating mines in West Africa and the Americas as well as the Arizaro Project located at the Lindero Mine in Salta, Argentina, the Diamba Sud Gold Project in Senegal and the San Jose Mine in Mexico.

Trafigura Renews USD5.6 Billion Revolving Credit Facilities

Stephan Jansma, Trafigura Group Chief Financial Officer said: “ We are pleased to have successfully refinanced our flagship European revolving credit facility, reaffirming the strong and ongoing support of our global banking community. The European revolving credit facility remains a cornerstone of our funding strategy, ensuring sustained access to capital and reinforcing our robust liquidity position.”

Candelaria Announces Resolution of Loan Facility Enforcement

Hector Gonzalez, CEO of Candelaria commented: “This resolution allows Candelaria to strengthen its financial position and focus on future strategic opportunities while eliminating the financial obligations associated with the medium-term loan facility with Goldgroup”.

Apollo Files N.I. 43-101 Technical Report for the Cinco de Mayo Project, Chihuahua State, Mexico

Apollo Silver Corp. is pleased to announce that it has filed an independent National Instrument 43-101 – Standards of Disclosure for Mineral Projects Technical Report titled “NI 43-101 Technical Report Cinco de Mayo Project, Chihuahua State, Mexico” with an effective date of February 28, 2025 in connection with its previously announced earn-in and option agreement with MAG Silver Corp. and its subsidiary, Minera Pozo Seco, S.A. de C.V. with respect to the 29 concessions totalling 25,113.2049 ha located in the Municipio de Buenaventura comprising the Cinco de Mayo Project.

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